Objectives and Strategy

As an international gold producer operating four mines in Australia and Africa, our goals are to increase stakeholder value while having a positive impact for the communities involved in our mining projects. We are listed on the Toronto Stock Exchange (LMA-TSX).

We will do this by leveraging:
- Our expertise in developing and operating mines under difficult conditions;
- The financial stability and business opportunities afforded by our majority shareholder, AREVA;
- Our exploration programs in Africa, Australia and Argentina.

Corporate Presentation

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A Company that delivers according to plan

Objectives   Results State
PRODUCE 115,000 TO 135,000 OUNCES OF GOLD PRODUCED 32,426 ounces in Q1 ON TRACK
START PHASE 1 DEVELOPMENT OF VMS PROJECT POSITIVE DEFINITIVE FEASIBILITY STUDY RESULTS REPORTED IN MAY 2011 ACHIEVED
START PHASE 1 DEVELOPMENT OF VMS PROJECT CONSTRUCTION EXPECTED TO START IN H2-2011 ON TRACK
INCREASE VMS PHASE 2 RESOURCE 100,000-METER DRILL PROGRAM IN PROGRESS ON TRACK
CARRY OUT A FEASIBILITY STUDY ON AN AUSTRALIAN MILL PENDING PENDING